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CNBC reported multiple developments including military action, a Senate nomination, budget figures, a court ruling, shipping plans and data center technology.
FortuneThe U.S. military has started its third consecutive night of strikes against Iran, CNBC reported. Lindsey Graham's sister Darline Graham Nordone has been officially nominated to fill a Senate seat. The federal budget deficit has hit $1.4 trillion as the Treasury refunded $49 billion in tariff revenue.
A U.S. judge voided a Trump settlement with the IRS. Nordic American Tankers is not sending any tankers back through the Strait of Hormuz, the company's CEO said. Modern data centers can run on no water consumption, Vertiv CEO Giordano Albertazzi said during an appearance on CNBC’s Power Lunch where he discussed data centers and AI buildout challenges and optimism.
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cnbc.comFederal Reserve Governor Christopher Waller said an above-target core inflation reading this week would require the FOMC to consider raising rates soon. He added that several months of cooler data are needed before he would view inflation as clearly declining toward the 2 percent…
middleeasteye.netHome Secretary Shabana Mahmood on 13 July 2026 announced the proscription of Iran's Islamic Revolutionary Guard Corps along with two other groups. Support for the organizations will become a criminal offense carrying up to 14 years in prison. The measures also expand police and i…
globalnews.caFifty-four financial and technology firms have joined a UK government taskforce to develop live tokenization use cases, beginning with tokenized repurchase agreements. The group includes BlackRock, JPMorgan, Goldman Sachs, Coinbase, Ripple, and Circle.